Compliguard Analyze: Conflicts Management Meets 21st Century

Conflicts management is at the heart of the new business intake process at every law firm. Mistakes in the conflicts management process may result in hefty fines, while a slow-moving conflicts department may result in the firm losing the business to a faster-moving competitive firm.

While a solid search engine is key to a proper conflicts management system, the real complexity of the conflicts management process is

• in the activity prior to the execution of the search; all the preparation activity and determination of a proper search strategy prior to the execution of the search – and,
• in the activities performed after retrieving the result set from the search engine, eliminating false-positives and ranking of potential conflict hits appropriately based on business goals of the firm and ensuring compliance with regulations.

Compliguard Analyze is a next generation conflicts management solution, designed from the ground up to address the challenges of law firms in today’s highly competitive landscape. Eliminating the traditional bottleneck of conflicts management, Compliguard Analyze brings speed, smart automation and mobility to the mission-critical conflicts process. Compliguard Analyze delivers on the promise of transforming the conflicts department from cost center to real competitive advantage.

• Advantages:
• Full flexibility – initiate conflicts searches from Blackberry, iPhone and other smartphones, via e-mail, through Compliguard Flow or any third party application.
• Automation of pre-search processing activity –  automatically determine parties, type of practice, jurisdiction and other data to build the most suitable search strategy for each conflicts request.
• Fast, effective search – fine-tuned to search internal systems and external data sources such as D&B, Capital IQ, CompliNet, and others, Compliguard Analyze quickly returns relevant results, every time.
• Automatic ranking of search results – capturing the business goals and priorities of each firm in a firm-specific risk profile, Compliguard Analyze pre-ranks all potential conflicts for review by senior conflicts analysts.
• Learns from every conflicts search – Compliguard Analyze captures every change and decision made by analysts and leverages this information for subsequent searches, significantly reducing the time it takes to execute subsequent similar conflicts searches. The more the system is used, the better and faster it becomes.
• Full audit trail – All search and ranking activity is captured in an audit trail for future review, ensuring full compliance.
• Built on Microsoft technology stack – leveraging the latest and greatest Microsoft has to offer, Compliguard Analyze is a Rich Internet Application, providing a rich, modern user experience
• IT friendly – zero desktop footprint, Service Oriented Architecture and comes with published Web Services APIs for easy integration to all mission-critical systems at the firm with great ease.